Category: Affairs

Wall Street drifts, and crude oil slides ahead of a frenetic week

New York, stock indexes are drifting in mixed trading Monday ahead of a week full of earnings reports from Wall Street’s most influential companies and a Federal Reserve meeting on interest rates.

The SandP 500 was 0.2% higher in late trading, coming…

CBB Treasury Bills oversubscribed by 101%

Manama, This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 101%.

The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of the Kingdom of Bahrain.

The dollar exchange rates stable in Baghdad, Basra and Erbil

The exchange rates of the dollar against the Iraqi dinar witnessed stability in Baghdad, Basra and Erbil today, Monday.

Below is a list of the dollar selling prices:

$100 = 149,500 dinars in Baghdad

$100 = 150,000 dinars in Basra

$100 = 149,750 di…

Oil Prices Rise Amid Fears Of Wider Middle East Conflict

Oil prices rose on Monday, paring last week’s losses, amid fears of a wider conflict in the Middle East following a rocket attack on the Golan Heights.

Brent crude futures rose 20 cents, or 0.3%, to $81.33 a barrel by 00:10 GMT. US West Texas Interme…

Casablanca Stock Exchange Opens in Positive Territory

Casablanca (Stock Exchange) – The Casablanca Stock Exchange opened in positive territory on Monday, with its main index, the MASI, gaining 0.38% to 13,824.97 points (pts).

On Friday, the MASI had closed with a gain of 0.82%.

Source: Agence Marocain…

Badawi, Shimi Talk Efforts to Maximize Natural Resources

Minister of Petroleum and Mineral Resources Karim Badawi has met with Minister of Public Business Sector Mohamed Shimi, where they discussed a number of files of common interest.

The meeting comes within the framework of the integration of national e…

The Ministry of Oil announces the total exports for last June

The Ministry of Oil announced, today, Sunday, the total exports for last June.

The Ministry said in a statement: The quantity of crude oil exports “according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO) amounted to (102) m…

Gulf Steam Power Plant Prepares to Reconnect to National Grid

Tripoli: An official from the Gulf Steam Power Plant has announced that the process of charging the power supply has commenced, setting the stage for the plant’s return to the national grid within the next few hours.

According to Libyan News Agency,…